Asset Acceptance zombie debt collector lies harrasses ignores certified letter adjusts credit dates Warren Michigan

I decided to get my annual free credit report and see what AA has on my Experian acct, which gives more detail then other reports:

ASSET ACCEPTANCE LLC
This item is currently being investigated.

Original Creditor: SPRINT PCS

Status: Collection account. $214 past due as of Jun 2006.

Date Opened: 01/2005

Type: Installment

Reported Since: 03/2005

Terms: 1 Months

Date of Status: 03/2005

Monthly Payment: $0

Last Reported: 06/2006

Responsibility: Individual

Credit Limit/Original Amount: $203

High Balance: NA

Recent Balance: $214 as of 06/2006

Recent Payment: $0

This is a dispute over something from 2002 for $180. How can they claim it was "opened" on 1/2005 ? Now they've incremented it yet again. Now we're up to $214? For a single zombie debt from 2002, can any of this be valid? Which date "resets" the seven year limit? Is this legal?

I will look into the suggestions on what to do next with Equifax. It's too bad they've decided to take the low road. If they simply did their job and policed their data, there would be no need for this.

I already sent a certified letter to AA in June of 2005. They ignored it. I think I read on another site/thread that Equifax refuses to accept certified letters. They shouldn't be allowed to take on a fortress attitude. I really think they are the source of the problem. Companies like AA just take advantage of their laziness.

Thanks for the advice. For some reason it didn't occur to me that Equifax might even be in violation for telling me to get lost. It's good to know.

Asset Acceptance will back off when pressed to the wall.

Go on ACAinternational.org, of which they are a member.

Send faxes to all locations disputing the debt.

Get a complaint form from ACA and fax that to AA too. And file a complaint with the FTC- you will need copies of faxes and correspondence. Good luck-I have been victorious over them already in many occcasions

"M",

When dealing with Equifax you ned yo be very concise, and directly quote the FCRA. They are in direct violation of the FCRA, as you have a legal right to see what confirmation was provided to them, and by whom.

That attitude they have of "all further disputes will go unanswered" will work in your favor when they apply this attitude when the summons is served. Then you get the default judgement when you sue them for the blatant FCRA violations.

Go to ftc.gov and read and print out the FDCPA and the FCRA. Then go to budhibbs.com and read all about the illegal activites of Asset Acceptance and also to get all current contact information. While there go to the NACA link and contact an Attorney in your area who specializes in these matters and get that lawsuit filed right away against Equifax.

Also prepare a "debt validation" request to Asset Acceptance and/or whomever is currently collecting on this "debt, where you clearly dispute the debt and DEMAND to see something you signed WITH THEM and an account history. Send this by certified mail, return reciept requested, and be sure to put the certified# on the letter itself and keep a copy for your records.

These are junk debt buyers who pay far les than 1 cent on the dollar for a debt of this age and type. Usually 1/10th of 1 cent in a portfolio purchase.

They must prove you owe THEM the money AND that THEY have the legal right to the debt, which means they must provide proof they purchased it, and from whom, and for how much!

When they fail to respond, you just supply the certified letter and proof of mailing to Equifax and/or the court and demand it be removed. And this will guarantee your win on the lawsuit.

Good luck!